Authors :
Osman Elmakki
Volume/Issue :
Volume 10 - 2025, Issue 12 - December
Google Scholar :
https://tinyurl.com/mr38amf9
Scribd :
https://tinyurl.com/v9y6mxdt
DOI :
https://doi.org/10.38124/ijisrt/25dec948
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Abstract :
This research critically assesses the widespread effects of rent-seeking activity on the Sudanese oil industry and their
consequences for economic development and inequality. Through the use of an existing body of literature and comparison
between Sudan and other oil-exporting countries, the issue of how the concentration of oil dollars among the Sudanese political
elite has created deep-rooted inequality and hindered sustainable economic development is analyzed. This research finds that
the Sudanese economy's heavy reliance on the oil industry has created a rentier state that is characterized by corruption,
nepotism, and the poor allocation of economic resources. This, in the end, results in the relegation of other sectors of the economy,
including agriculture, education, and healthcare, and, hence, the continued economic stagnation of the country. In the attempt
to break the deeply rooted rent-seeking behavior, the research submits that there is a need for sustainable economic
transformation on the pillars of institutional building, good governance, and economic diversification.
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This research critically assesses the widespread effects of rent-seeking activity on the Sudanese oil industry and their
consequences for economic development and inequality. Through the use of an existing body of literature and comparison
between Sudan and other oil-exporting countries, the issue of how the concentration of oil dollars among the Sudanese political
elite has created deep-rooted inequality and hindered sustainable economic development is analyzed. This research finds that
the Sudanese economy's heavy reliance on the oil industry has created a rentier state that is characterized by corruption,
nepotism, and the poor allocation of economic resources. This, in the end, results in the relegation of other sectors of the economy,
including agriculture, education, and healthcare, and, hence, the continued economic stagnation of the country. In the attempt
to break the deeply rooted rent-seeking behavior, the research submits that there is a need for sustainable economic
transformation on the pillars of institutional building, good governance, and economic diversification.